Finnish industry organisations in the Life Science field have collaboratively created an internet based mentoring service for start-up companies, fledgling entrepreneurs and researchers interested in commercialising their inventions. The purpose of the service is to share the knowledge of experienced people with beginners and support their business development. The service is offered free of charge.

Aalto University
University of Helsinki
Stanford University

Anne-Sisko Patana, Tamara Carleton, Kirsi Polvinen, Laura Kanto, Hanna Nordlund, Jussi Pihlajamaa, Pekka Berg

Introduction

This study provides several benefits to practitioners and researchers in the biotech field, as well as others looking for greater insight into Finnish biotech innovation. These benefits are explained below.

ETLA publication no 1030, 2006

Mari Maunula

Abstract

This study focuses on the non-financial value-added of venture capital investors (VCs) as perceived by the CEOs of Finnish biotechnology companies. It pays attention to differences in the value-added between informal venture capitalists, private sector venture capitalists and public sector venture capital organizations. In addition, this study pays attention to value-adding mechanisms which venture capitalists use in developing their portfolio companies and factors which influence the perceived value-added.